lowtrade

[lowtrade]

RNVA
A month before the reverse split which Mr. Diamantis excepted, he completed extinguishment of the Company’s indebtedness to himself totaling $18.8 million, including accrued interest, on that date, in exchange for 22,000 shares of the Company’s Series M Preferred Stock.
Series M Preferred Stock is a poison pill guaranteeing controlling interest in the company. Seamus Lagan Chief Executive Officer, President and Interim Chief Financial Officer run the company, but Mr. Diamantis controls it.



Reading farther in page 33 we see the hospital operation is NOW being payed for by the US government. $2.4 mil from Cares act and $12.4 mil from HHS. With probably more to come.


READ page 33

https://ih.advfn.com/stock-market/USOTC/rennova-health-pk-RNVA/stock-news/82880729/quarterly-report-10-q


So here's my take; Do what the big guys do !!!